NMSA 3-39-10. Sale, exchange and details of bonds — United States — New Mexico law | Esheria

NMSA 3-39-10. Sale, exchange and details of bonds

This section allows bonds to be sold at public or private sale, at, above, or below par, and lets certain municipal bonds be exchanged for airport property. It also says an officer’s signature on a bond stays valid if the officer leaves office before delivery, and that bonds are fully negotiable unless the authorizing

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Jurisdiction
United States — New Mexico
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Updated
Official source
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bond exchange bond sale negotiability

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Statute overview

About this statute

This section allows bonds to be sold at public or private sale, at, above, or below par, and lets certain municipal bonds be exchanged for airport property. It also says an officer’s signature on a bond stays valid if the officer leaves office before delivery, and that bonds are fully negotiable unless the authorizing instrument says otherwise.